899 Knickerbocker Avenue

$3,200,000
Price
24
Beds
13
Baths
8,100 Sq. Ft.
$395 / Sq. Ft.
8,100
Sq. Ft.
$395
per Sq. Ft.

Description

Don't miss out on this exceptional investment opportunity situated in Bushwick's trendy neighborhood of Northern Brooklyn. This twelve-unit apartment building offers solid returns and features spacious two-bedroom, one-bathroom units, perfect for attracting discerning tenants. Boasting classic pre-war charm, including high ceilings and hardwood floors, this property exudes timeless elegance. Its prime location provides convenient access to amenities, transportation, and the vibrant culture of Bushwick....Don't miss out on this exceptional investment opportunity situated in Bushwick's trendy neighborhood of Northern Brooklyn. This twelve-unit apartment building offers solid returns and features spacious two-bedroom, one-bathroom units, perfect for attracting discerning tenants. Boasting classic pre-war charm, including high ceilings and hardwood floors, this property exudes timeless elegance. Its prime location provides convenient access to amenities, transportation, and the vibrant culture of Bushwick. Ideal for a 1031 exchange, this property promises both immediate income potential and long-term appreciation. Act now to secure your foothold in one of New York City's hottest real estate markets. Schedule your viewing today and unlock the possibilities of this lucrative investment opportunity.
  1. Listed by David Yakubov • Trusted Property Advisors Corp
    P: 917-979-6666 C: 917-979-6666 david@trustedpa.com

Property Details for 899 Knickerbocker Avenue

Township
Brooklyn
Architectural Style
Modern
Garage Spaces
.00
Section Area
Knickerbocker Av
Offer Presentation
Can be Present

Location

Listing Courtesy of Trusted Property Advisors Corp
Add your commute
LISTING UPDATED: 04/16/2024 09:39 PM

Property Details for 899 Knickerbocker Avenue

StatusActive
MLS ID3541696
Days on Market63
Taxes$69,488 / year
Maintenance-
Min. Down Pymt-
Total Rooms38.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1904
Lot Size3,000 SF / 30' x 100'
CountyKings County

Building

899 Knickerbocker Ave

12 Units3 StoriesBuilt in 1904

Location

Listing Courtesy of Trusted Property Advisors Corp
Add your commute

Building Information for 899 Knickerbocker Avenue

Stories3Residences12Year Built1904Building Size30' x 90'Building Sq. Ft8,100 SFLot Size3,000 SF / 30' x 100'Building Age-Building Type-

Payment Calculator

$23,254 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,464

Property Taxes

$5,791

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 899 Knickerbocker Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 13
  • Directions: mapquest.com
  • Tax Block: 3437
  • Tax Lot: 1
  • Property Attached: No
  • Structure Type: false
  • Levels: Three Or More
  • Property Condition: Excellent
  • New Construction YN: No
  • Flood Zone Report: 0
  • Square Footage Source: Floor Plan
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Brooklyn 32
  • Elementary School District: Brooklyn 32
  • Elementary School: Ps/Is 384 Frances E Carter
  • Middle Or Junior School District: Brooklyn 32
  • Middle Or Junior School: Evergreen Ms-Urban Exploration
  • High School District: Brooklyn 32
  • High School: Academy Of Urban Planning-Engineerin
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Number Of 2 Bedrooms: 12
  • Building Units Total: 12
Room Information
Room 1 Information
  • Room Level: First
  • Room Type: Living Room
  • RoomDescription 1: Each Apt has 2 Bedrooms, Living Area, Kitchen and Bathroom
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 03437-0001
  • Tax Map Number: 03437-0001
  • Tenant Pays: Electricity,Heat
Income & Expenses Information
Income & Expenses Information
  • Maintenance Expense: $5,000.00
  • Fuel Expense: $2,500.00
  • Other Expense: $67,090.00
Interior and Exterior Features
Interior Features
  • Amenities: Modern, Public
  • Number Of Kitchens: 12.0
  • Total Rooms: 38
  • Living Area: 8100.0
  • Living Area Units: Square Feet
  • Basement: Full, Unfinished
  • Fireplaces Total: 0
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: On Street
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Lot Size Dimensions: 30x100
  • Building Size: 30*90
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 12
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 12
Green Features
  • Green Features: Natural Gas, Hot Water

Property History for 899 Knickerbocker Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 899 Knickerbocker Avenue

Taxable ValueLand$67,500Additions$653,400Total$720,900
Home Facts
Total Finished SqFt8,100 SqFtLot Size3,000 SqFtYear Built1904ZoningR6APN3034370001

Schools near 899 Knickerbocker Avenue

This home is within Nyc Geog District #32 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
P.S. Is 384 Frances E Carter
PublicPK to 8

Brooklyn School For Math And Researc
Public9 to 12

Evergreen Middle School-Urban Exploration
Public6 to 8

Academy Of Urban Planning
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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899 Knickerbocker Avenue is a multi-family home for sale in Bushwick. This property was listed for sale on February 29, 2024 by Trusted Property Advisors Corp, it's currently listed at $3,200,000. This listing's school district is Nyc Geog District #32 - Brooklyn. Nearby schools include P.S. Is 384 Frances E Carter, Brooklyn School For Math And Researc and Evergreen Middle School-Urban Exploration. 899 Knickerbocker Avenue is a 24-bed, 13-bath, 8,100 sqft multi-family home built in 1904.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Trusted Property Advisors Corp

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.